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Side-by-side financial comparison of CRA INTERNATIONAL, INC. (CRAI) and GCM Grosvenor Inc. (GCMG). Click either name above to swap in a different company.

CRA INTERNATIONAL, INC. is the larger business by last-quarter revenue ($197.0M vs $177.1M, roughly 1.1× GCM Grosvenor Inc.). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs 6.7%, a 26.1% gap on every dollar of revenue. On growth, CRA INTERNATIONAL, INC. posted the faster year-over-year revenue change (11.6% vs 7.2%). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs 7.1%).

CRA International, Inc. is a global consulting firm headquartered in Boston. The firm provides expert testimony and litigation support, strategic advice, and analysis to law firms, corporations, accounting firms, and governments.

GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.

CRAI vs GCMG — Head-to-Head

Bigger by revenue
CRAI
CRAI
1.1× larger
CRAI
$197.0M
$177.1M
GCMG
Growing faster (revenue YoY)
CRAI
CRAI
+4.5% gap
CRAI
11.6%
7.2%
GCMG
Higher net margin
GCMG
GCMG
26.1% more per $
GCMG
32.8%
6.7%
CRAI
Faster 2-yr revenue CAGR
GCMG
GCMG
Annualised
GCMG
27.5%
7.1%
CRAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRAI
CRAI
GCMG
GCMG
Revenue
$197.0M
$177.1M
Net Profit
$13.2M
$58.2M
Gross Margin
Operating Margin
10.5%
30.9%
Net Margin
6.7%
32.8%
Revenue YoY
11.6%
7.2%
Net Profit YoY
-12.0%
149.2%
EPS (diluted)
$1.99
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRAI
CRAI
GCMG
GCMG
Q4 25
$197.0M
$177.1M
Q3 25
$185.9M
$135.0M
Q2 25
$186.9M
$119.7M
Q1 25
$181.9M
$125.8M
Q4 24
$176.4M
$165.3M
Q3 24
$167.7M
$122.9M
Q2 24
$171.4M
$117.0M
Q1 24
$171.8M
$108.9M
Net Profit
CRAI
CRAI
GCMG
GCMG
Q4 25
$13.2M
$58.2M
Q3 25
$11.5M
$10.5M
Q2 25
$12.1M
$15.4M
Q1 25
$18.0M
$463.0K
Q4 24
$15.0M
$7.6M
Q3 24
$11.4M
$4.2M
Q2 24
$6.5M
$4.8M
Q1 24
$13.7M
$2.1M
Operating Margin
CRAI
CRAI
GCMG
GCMG
Q4 25
10.5%
30.9%
Q3 25
9.3%
32.7%
Q2 25
10.6%
16.1%
Q1 25
14.0%
12.2%
Q4 24
12.2%
26.4%
Q3 24
11.0%
20.3%
Q2 24
6.6%
17.8%
Q1 24
11.4%
-14.7%
Net Margin
CRAI
CRAI
GCMG
GCMG
Q4 25
6.7%
32.8%
Q3 25
6.2%
7.8%
Q2 25
6.5%
12.9%
Q1 25
9.9%
0.4%
Q4 24
8.5%
4.6%
Q3 24
6.8%
3.4%
Q2 24
3.8%
4.1%
Q1 24
8.0%
2.0%
EPS (diluted)
CRAI
CRAI
GCMG
GCMG
Q4 25
$1.99
$0.23
Q3 25
$0.16
Q2 25
$0.05
Q1 25
$-0.02
Q4 24
$0.09
Q3 24
$0.03
Q2 24
$0.04
Q1 24
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRAI
CRAI
GCMG
GCMG
Cash + ST InvestmentsLiquidity on hand
$18.2M
$242.1M
Total DebtLower is stronger
$428.4M
Stockholders' EquityBook value
$213.6M
$27.0M
Total Assets
$628.9M
$813.8M
Debt / EquityLower = less leverage
15.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRAI
CRAI
GCMG
GCMG
Q4 25
$18.2M
$242.1M
Q3 25
$22.5M
$182.7M
Q2 25
$19.4M
$136.3M
Q1 25
$25.6M
$94.5M
Q4 24
$26.7M
$89.5M
Q3 24
$24.5M
$98.4M
Q2 24
$24.6M
$73.9M
Q1 24
$37.1M
$41.9M
Total Debt
CRAI
CRAI
GCMG
GCMG
Q4 25
$428.4M
Q3 25
$429.3M
Q2 25
$430.2M
Q1 25
$431.1M
Q4 24
$432.0M
Q3 24
$432.9M
Q2 24
$433.8M
Q1 24
$384.0M
Stockholders' Equity
CRAI
CRAI
GCMG
GCMG
Q4 25
$213.6M
$27.0M
Q3 25
$201.7M
$-7.4M
Q2 25
$197.0M
$-12.3M
Q1 25
$227.3M
$-28.3M
Q4 24
$212.1M
$-27.6M
Q3 24
$204.5M
$-31.9M
Q2 24
$191.7M
$-28.5M
Q1 24
$211.8M
$-26.4M
Total Assets
CRAI
CRAI
GCMG
GCMG
Q4 25
$628.9M
$813.8M
Q3 25
$629.0M
$685.9M
Q2 25
$606.8M
$636.9M
Q1 25
$590.4M
$579.8M
Q4 24
$571.4M
$612.7M
Q3 24
$582.3M
$575.0M
Q2 24
$546.0M
$543.9M
Q1 24
$552.5M
$497.3M
Debt / Equity
CRAI
CRAI
GCMG
GCMG
Q4 25
15.87×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRAI
CRAI
GCMG
GCMG
Operating Cash FlowLast quarter
$22.4M
$183.5M
Free Cash FlowOCF − Capex
$175.0M
FCF MarginFCF / Revenue
98.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
1.70×
3.16×
TTM Free Cash FlowTrailing 4 quarters
$326.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRAI
CRAI
GCMG
GCMG
Q4 25
$22.4M
$183.5M
Q3 25
$36.5M
$79.8M
Q2 25
$5.9M
$42.0M
Q1 25
$-80.0M
$33.3M
Q4 24
$79.4M
$148.8M
Q3 24
$31.6M
$69.0M
Q2 24
$1.8M
$17.5M
Q1 24
$-63.1M
$24.2M
Free Cash Flow
CRAI
CRAI
GCMG
GCMG
Q4 25
$175.0M
Q3 25
$35.9M
$78.3M
Q2 25
$4.7M
$40.8M
Q1 25
$-81.0M
$32.1M
Q4 24
$68.8M
$132.0M
Q3 24
$28.6M
$62.2M
Q2 24
$-509.0K
$12.8M
Q1 24
$-63.8M
$20.0M
FCF Margin
CRAI
CRAI
GCMG
GCMG
Q4 25
98.8%
Q3 25
19.3%
58.0%
Q2 25
2.5%
34.1%
Q1 25
-44.5%
25.5%
Q4 24
39.0%
79.9%
Q3 24
17.0%
50.6%
Q2 24
-0.3%
10.9%
Q1 24
-37.1%
18.4%
Capex Intensity
CRAI
CRAI
GCMG
GCMG
Q4 25
4.8%
Q3 25
0.3%
1.1%
Q2 25
0.6%
1.0%
Q1 25
0.5%
0.9%
Q4 24
6.0%
10.1%
Q3 24
1.8%
5.5%
Q2 24
1.4%
4.0%
Q1 24
0.4%
3.9%
Cash Conversion
CRAI
CRAI
GCMG
GCMG
Q4 25
1.70×
3.16×
Q3 25
3.19×
7.61×
Q2 25
0.48×
2.72×
Q1 25
-4.44×
71.84×
Q4 24
5.30×
19.54×
Q3 24
2.76×
16.60×
Q2 24
0.28×
3.64×
Q1 24
-4.61×
11.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CRAI
CRAI

Segment breakdown not available.

GCMG
GCMG

Asset Management1$108.6M61%
Management Service Incentive Performance Fees$61.7M35%
Management Service Incentive Carried Interest$5.1M3%
Service Other$1.8M1%

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